This 1.19-acre parcel offers a rare opportunity to create your dream estate with panoramic views of Newport Harbor and beyond. Ideally located just minutes from the vibrant heart of downtown Newport and the prestigious New York Yacht Club, this prime lot boasts an unrivaled combination of proximity to luxury amenities and natural beauty. The parcel's elevated position ensures sweeping vistas of the water, providing a serene and breathtaking backdrop for your custom-designed 10,000+ square-foot home. Whether you envision a modern architectural masterpiece or a classic Newport-style residence, this property offers the space and flexibility to bring your vision to life. With zoning and development potential, this is one of the few remaining opportunities to build on a site that combines location, size, and panoramic waterfront views in such a sought-after area. Existing 4-bedroom residence is currently sited on the parcel.